NMI/KLG are growing very aggressively, only a quick look at these Canadian's performance history tells full story how hungry for oz's they really are. I don't see any issues with Toll agreement either.
I dont think ARK would go take over just as yet seeing that they only recently acquired Glencoe from Newmarket just earlier this year. Also top 20's own 60%+ of such small registry that if it did get taken over it would definatly not go cheap especially after all these years of holding and now in an early gold bull run.
Toll Treatment, page-23
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